It looks like Pelosi’s bottom line is that nothing can be done to interfere with her plans to run the House elections on ‘Medicare, Medicare, Medicare.’ Two trillion in discretionary cuts? She can live with it. But touch entitlements and she walks.
I guess that’s smart politically, but depending on details, I don’t know that it’s the right line in the sand. Where are all these cuts in discretionary spending going to come from? The answer to that matters a lot. She’s really in the driver’s seat. Boehner needs her votes.
But, I can’t even speculate at this point. No one seems to know what is going on.
